Employees and their wish for a raise during their annual review
18.07.2022
As a partner in the performance of organizations and their leaders, the HR consulting and services group Grant Alexander shares the results of an exclusive study aimed at assessing the relationship of French private-sector employees to negotiation during their annual review.
No need to negotiate, any raise comes in due time to those who wait?
Today, employees of “large French companies” (50 employees and more) do not consider their salary to be fair in light of their company’s financial results. Indeed, more than one in two respondents feels this way (53%).
Fixed and variable compensation (annual bonus, thirteenth month, personal performance bonus, etc.) also tops the list of points employees will negotiate during their next annual review: 56% intend to raise this subject.
But whether they intend to negotiate their pay or not, employees expect the same rate of increase this year: on average 3.9% of their salary. However, while in one case some employees express little or no expectation (since they do not plan to negotiate their pay), in the other, disappointed hopes may arise. In fact, among those who intend to negotiate their pay during their next annual review, the objective is not a 3.9% increase in their income, but more than double: 8.5% is the average percentage pay increase expected by those who will ask for a raise this year.
Salary increase
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Methodological note
The study “Employees and negotiation during the annual review”, conducted by OpinionWay for Grant Alexander, aims to assess the relationship of French private-sector employees to negotiation during the annual review. This study was carried out with a sample of 1,042 company employees. All respondents work in private-sector companies with 50 employees or more. The sample was constituted using the quota method, based on criteria of gender, age, socio-professional category, and company region. Interviews were conducted using a self-administered online questionnaire on a CAWI (Computer Assisted Web Interview) system. Interviews were conducted from May 30 to June 6, 2022.
Any full or partial publication must imperatively use the following complete mention: “OpinionWay survey for Grant Alexander”, and no reproduction of the survey may be dissociated from this title. OpinionWay also reminds that the results of this survey must be read taking into account the margins of uncertainty: at most 1.5 to 2.9 points for a sample of 1,000 respondents.
OpinionWay conducted this survey in compliance with the procedures and rules of the ISO 20252 standard.